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Life Plan Trust Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581928259 ✦ Apex, NC ✦ Designated as a 501(c)(3)

Overview

What is Life Plan Trust Inc?

Life Plan Trust Inc, based in Apex, North Carolina, is a nonprofit organization that offers financial management and personal advocacy services to families and individuals grappling with severe mental illnesses and developmental disabilities. With a team of five dedicated individuals, this organization serves as a crucial support system, providing ongoing legal education to North Carolina attorneys to ensure they can effectively meet the legal and future financial needs of these families. The mission of Life Plan Trust Inc is to promote and operate a service program that provides vital financial and personal advocacy services, contributing to the well-being and stability of families affected by these challenges.


Official website here: www.lifeplantrustnc.org

Is Life Plan Trust Inc legitimate?

Life Plan Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Plan Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $104,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,489

For more financial information, click here


Official website here: www.lifeplantrustnc.org

What is the mission statement of Life Plan Trust Inc?

Life Plan Trust Inc's mission is centered around promoting and operating a service program. This program is designed to offer financial management and personal advocacy assistance to families who have loved ones with severe and persistent mental illness or developmental disabilities. The organization aims to empower these families, providing them with the necessary support they need to navigate the challenges associated with these conditions. Additionally, Life Plan Trust Inc conducts continuing legal education for North Carolina attorneys, educating them on the legal needs and future financial requirements of families and individuals with severe and persistent mental illness or developmental disabilities.


Official website here: www.lifeplantrustnc.org

Who is the CEO of Life Plan Trust Inc?

Janita Moody is the Executive Dir. of Life Plan Trust Inc.


Official website here: www.lifeplantrustnc.org

What is the revenue of Life Plan Trust Inc?

Life Plan Trust Inc's revenue in 2022 was $588,642.


Official website here: www.lifeplantrustnc.org

Who are the executives of Life Plan Trust Inc and what are their salaries?

The average compensation at Life Plan Trust Inc during 2022 was $50,885. There are 5 employees at Life Plan Trust Inc.

Here are 4 key members and their salaries:

    Janita Moody (Executive Dir.)
  • Compensation: $81,702
  • Related: $0
  • Other: $19,163

    • Jayne Tipton (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Till (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deb Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lifeplantrustnc.org

    Where can I find the form 990 for Life Plan Trust Inc?

    The Life Plan Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lifeplantrustnc.org

    Learn more at the official website: www.lifeplantrustnc.org

    Mission Statement of Life Plan Trust Inc

    Life Plan Trust Inc, as a nonprofit organization, is dedicated to promoting and operating a service program. Their primary mission is to provide financial management and personal advocacy services to families who have a loved one with severe and persistent mental illness or developmental disabilities. This mission aims to support these families in managing their financial needs and navigating the complexities associated with their loved ones' health conditions. In addition to this, Life Plan Trust Inc also offers continuing legal education to North Carolina attorneys, equipping them with the knowledge necessary to serve the legal needs and future financial needs of families with individuals battling severe mental illness or developmental disabilities.

    Impact

    This information is meant to be a general summary of Life Plan Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Life Plan Trust Inc has had a significant impact by providing essential financial management and personal advocacy services to families and individuals facing severe and persistent mental illness and/or developmental disabilities. Through their service program, they have alleviated the burden on these families, enabling them to focus on caring for their loved ones without the added stress of financial management.

    Additionally, Life Plan Trust Inc has played a crucial role in educating North Carolina attorneys on the legal and financial needs of individuals with severe mental illness and developmental disabilities. By providing continuing legal education, they have increased the capacity of legal professionals to serve this vulnerable population effectively.

    Overall, Life Plan Trust Inc's work in promoting and operating a service program for families in need has made a positive impact on the health and well-being of individuals with severe mental illness and developmental disabilities in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,859
  • Program Service Revenue: $191,577
  • Gross Receipts: $769,931

    • Assets and Liabilities:
  • Total Assets: $775,360
  • Total Liabilities: $37,875
  • Net Assets: $737,485
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Enrollment fees

    Revenue

    $23,500

    Service fees

    Revenue

    $168,077

    Organization Details

    Founding Year

    1990

    Principal Officer

    Janita Moody

    Main Address

    800 W Williams Street Ste 231-I, Apex, NC, 27502

    NTEE Category

    Code: E87Z - Health

    If you are a representative of Life Plan Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.